Microsoft launches $99 Xbox 360 bundle

As previously rumored, Microsoft is now offering a subsidized 4GB Xbox 360 gaming console and Kinect for $99 with a monthly subscription option. The bundle requires customers to sign up for a two-year subscription to Xbox Live Gold Membership for $14.99 per month. The subscription plan is similar to the model wireless carriers have been using for years. If a customer is to break off the agreement prior to end of the 24-month contract period, early termination fees will apply. The deal is only available at Microsoft Stores for the time being. A chart from Microsoft outlining applicable early termination fees follows below.